Terminology
Construction management (CM): UK: 1. management of the site. 2. form of delivery USA: form of delivery (compare above)
Real estate management (REM): professional property advice (as opposed to a project, REM is a continuous process)
Corporate real estate management (CREM): REM focused on a company’s property Management contracting (MC): UK: form of delivery USA: CM at risk
Programme management (ProgM): UK: 1. programme management is concerned with managing time in a project and is thereby part of the CPM function. 2. management of a client’s portfolio (client’s programme in this sense is equivalent to a client’s brief) USA: management of a client’s portfolio (compare above)
Project control (PC): The PC function is concerned with gathering data regarding project progress, producing progress reports, monitoring time, cost, and quality. Compared to the CPM function, the PC function can be characterized to be passive, whereas a construction project manager needs to take action.
Project leader (PL): The PL is responsible for achieving the project’s objectives. He is the manager “in line”.
Project director (PD): The PD is the leader of a big project that can be broken down in sub-projects (e.g. Channel tunnel). He can also be the head of a PM organization. OR: The OR is the representative of the owner. This function can be provided either internally or externally.
DC: Document Control - A key function of a Project Manager.
FBOT: finance build operate transfer
BOT: build operate transfer
DBOT: design build operate transfer
BOO: build own operate
EPC: engineering procurement construction
PFI: private finance initiative
GC: general contractor
GMP: Guaranteed maximum price
MPC: multiple prime contracts: UK: one contractor takes responsibility for the development (package deal) USA: a client may have 5 or 6 prime contractors
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